Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Motion 22-475, approving the 2022 Snohomish County Commercial Property Assessed Clean Energy and Resiliency (C-Pacer) Program Guide
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DEPARTMENT: Conservation & Natural Resources
ORIGINATOR: Bill Leif
EXECUTIVE RECOMMENDATION: Lacey Harper (11/7/22)
PURPOSE: County Council approval via Motion of C-PACER Program Guide in accordance with SCC 2.900.030
BACKGROUND: In 2020 the Washington State Legislature passed HB 2405, which created the Commercial Property Assessed Clean Energy and Resiliency (C-PACER) Program, codified in Chapter 36.165 Revised Code of Washington (RCW). A C-PACER Program allows a private owner of an eligible property to obtain a "C-PACER loan" for specific capital improvements to the property that increase or provide public benefits such as energy efficiency, renewable energy, water conservation, potable water lead reduction, and resiliency. The C-PACER loan is attached to the property with a lien, and the loan obligation stays with the property in the event of sale. The intent is to provide a financial incentive to private property owners to make capital improvement that benefit the public as described in Ch. 36.165 RCW. Ch. 36.165 RCW authorizes each county in Washington to establish a C-PACER program applicable to both incorporated and unincorporated areas of the county. In 2021, the Snohomish County Council adopted Chapter 2.900 Snohomish County Code (SCC) - Commercial Property Assessed Clean Energy and Resiliency (C-PACER). 2.900.010 SCC directs the County Executive to establish a C-PACER program and make it available to eligible properties within incorporated and unincorporated Snohomish County. 2.900.010 SCC states that in accordance with RCW 36.165.030, the C-PACER program shall be established and begin accepting applications no later than one year after December 26, 2021, which was the effective date of the ordinance adopting Chapter 2.900 SCC. 2.900.020 states that the...
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